A new trading day began on Tuesday, with R1 RCM Inc. (NASDAQ: RCM) stock price down -0.97% from the previous day of trading, before settling in for the closing price of $12.33. RCM’s price has ranged from $8.87 to $18.70 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 21.41%. Meanwhile, its annual earnings per share averaged -67.29%. With a float of $150.47 million, this company’s outstanding shares have now reached $420.20 million.
The extent of productivity of a business whose workforce counts for 30000 workers is very important to gauge.
R1 RCM Inc. (RCM) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of R1 RCM Inc. is 64.20%, while institutional ownership is 39.44%. The most recent insider transaction that took place on Mar 07 ’24, was worth 143,959. In this transaction President of this company sold 10,046 shares at a rate of $14.33, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 08 ’23, when Company’s Director sold 50,000 for $17.17, making the entire transaction worth $858,650. This insider now owns 72,114 shares in total.
R1 RCM Inc. (RCM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -67.29% per share during the next fiscal year.
R1 RCM Inc. (NASDAQ: RCM) Trading Performance Indicators
Here are R1 RCM Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.28. Likewise, its price to free cash flow for the trailing twelve months is 21.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of R1 RCM Inc. (RCM)
The latest stats from [R1 RCM Inc., RCM] show that its last 5-days average volume of 1.89 million was inferior to 3.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 16.24%. Additionally, its Average True Range was 0.39.
During the past 100 days, R1 RCM Inc.’s (RCM) raw stochastic average was set at 53.44%, which indicates a significant increase from 7.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.16% in the past 14 days, which was lower than the 55.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.58, while its 200-day Moving Average is $13.26. Now, the first resistance to watch is $12.32. This is followed by the second major resistance level at $12.43. The third major resistance level sits at $12.53. If the price goes on to break the first support level at $12.11, it is likely to go to the next support level at $12.01. The third support level lies at $11.90 if the price breaches the second support level.
R1 RCM Inc. (NASDAQ: RCM) Key Stats
With a market capitalization of 5.13 billion, the company has a total of 420,280K Shares Outstanding. Currently, annual sales are 2,254 M while annual income is 3,300 K. The company’s previous quarter sales were 575,100 K while its latest quarter income was 1,400 K.
